-By Warner Todd Huston
I just returned from a nice little luncheon given by the Heartland Institute (www.heartland.org) in beautiful downtown Chicago, Illinois. The purpose of the gathering of free-market supporters and like-minded individuals was to celebrate the life’s work of famed economist and Nobel Prize winner Milton Friedman.
The principal speaker was Richard H. Timberlake*, student and friend of the celebrated economist and an accomplished free-market economist in his own right.
I’ve done several such events for some of the conservative think tanks and state policy groups in the Windy City and I enjoy these events in Chicago because I always get the uneasy feeling that our little conclave of right-thinking fellows well met is the last vestige of civilization and that we are putting on the timbers to secure the gates as the barbarians mount their attack. The barbarians of which I speak are, of course, the city full of Democrats and socialists that looms on all sides surrounding our little events.
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Heartland Institute Luncheon: This Recession Caused By Over-Regulation Not Market Failure”